2004

General Information

A Historical Glance The figure and chart reveal how corporate taxes have evolved relative to both the sales and personal income taxes, the other major taxes. On the figure, the three lines proceeding from the lower left to the upper right show the amount of sales, income, and corporate taxes collected. The amount of each tax is shown on the left scale. The line starting in the upper left and falling to the lower right shows corporate collections as a share of the three major taxes listed on the table. Note that in the early years data is in five year increments and becomes yearly after 1990.

2004 Data

We only report data by three income groups because the number of sectors and more income groups together would produce a number of cells with to few observations to reveal.The "no income" group contains those corporations with income less than or equal to zero. The "positive income" group is those with income greater than zero but who still have an income so low they only pay a minimum tax. (Generally below $2,000, but it can be higher if the minimum tax is a multiple of $100 becasue the filing group contains more than one corporation.) The "taxable income" group is the remainder, those who are subject to the 5% coporate income tax.

Tax Credits

Credits on these pages are reported in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as “allowed” the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

2003

General Information

A Historical Glance The figure and chart reveal how corporate taxes have evolved relative to both the sales and personal income taxes, the other major taxes. On the figure, the three lines proceeding from the lower left to the upper right show the amount of sales, income, and corporate taxes collected. The amount of each tax is shown on the left scale. The line starting in the upper left and falling to the lower right shows corporate collections as a share of the three major taxes listed on the table. Note that in the early years data is in five year increments and becomes yearly after 1990.

2003 Data

We only report data by three income groups because the number of sectors and more income groups together would produce a number of cells with to few observations to reveal.The "no income" group contains those corporations with income less than or equal to zero. The "positive income" group is those with income greater than zero but who still have an income so low they only pay a minimum tax. (Generally below $2,000, but it can be higher if the minimum tax is a multiple of $100 becasue the filing group contains more than one corporation.) The "taxable income" group is the remainder, those who are subject to the 5% coporate income tax.

Tax Credits

Credits on these pages are reported in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as “allowed” the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

2002

General Information

A Historical Glance The figure and chart reveal how corporate taxes have evolved relative to both the sales and personal income taxes, the other major taxes. On the figure, the three lines proceeding from the lower left to the upper right show the amount of sales, income, and corporate taxes collected. The amount of each tax is shown on the left scale. The line starting in the upper left and falling to the lower right shows corporate collections as a share of the three major taxes listed on the table. Note that in the early years data is in five year increments and becomes yearly after 1990.

2002 Data

We only report data by three income groups because the number of sectors and more income groups together would produce a number of cells with to few observations to reveal.The "no income" group contains those corporations with income less than or equal to zero. The "positive income" group is those with income greater than zero but who still have an income so low they only pay a minimum tax. (Generally below $2,000, but it can be higher if the minimum tax is a multiple of $100 becasue the filing group contains more than one corporation.) The "taxable income" group is the remainder, those who are subject to the 5% coporate income tax.

Tax Credits

Credits on these pages are reported in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as “allowed” the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

2001

General Information

A Historical Glance The figure and chart reveal how corporate taxes have evolved relative to both the sales and personal income taxes, the other major taxes. On the figure, the three lines proceeding from the lower left to the upper right show the amount of sales, income, and corporate taxes collected. The amount of each tax is shown on the left scale. The line starting in the upper left and falling to the lower right shows corporate collections as a share of the three major taxes listed on the table. Note that in the early years data is in five year increments and becomes yearly after 1990.

2001 Data

Tax Credits

Credits on these pages are reported in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as “allowed” the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

2000

General Information

2000 Data

Tax Credits

Credits on these pages are reported for these years in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as allowed the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

1999 Data

Tax Credits

Credits on these pages are reported for these years in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as allowed the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

1997 Data

Tax Credits

Credits on these pages are reported for these years in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as allowed the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.

1995 Data

Tax Credits

Credits on these pages are reported for 1994 and 1995 in two ways. The amount reported on the form is designated as "claimed." But often times taxpayers will not have enough taxes to use the full credit, in which case we only report as allowed the amount that can be used. It should be noted in some cases that taxpayers will only claim the amount allowed, so the claimed amount may be lower than the amount earned.